The Toronto Condo Market This Week (January 8, 2016)

5 reasons Toronto house prices won't crash in 2016

After the Greater Toronto Area’s record year in 2015 for both the number of homes sold and the average price, the question is: when will it all come crashing down? The answer: not in 2016. Here are five reasons why this won’t be the year of Toronto’s housing collapse.

Optician Alfred Wong says he was misled into thinking he was making a smart investment when he bought a retail condo unit in the underground mall of the 80-storey Aura building, just north of Yonge and Gerrard.

Greater Toronto Area’s home sales surge to record heights in 2015

Across the Greater Toronto Area, annual existing home sales rose above 100,000 for the first time last year, the Toronto Real Estate Board reported. Annual sales hit 101,299, up 9.4 per cent from 2014. Average prices rose 9.8 per cent.

Many Canadian households ‘utterly unprepared’ for rate hike: economist

A slight increase in interest rates is all it would take to spell serious trouble for many Canadian households too accustomed to the current low levels, an economist at a global economic research firm is warning.

Andrew la Fleur is Toronto's leading expert on condo investing. Since 2007 Andrew has been sharing his expertise and his insider connections to help hundreds of clients every year to make money by investing in the Toronto condo market. He is the founder of TrueCondos.com, contributor to New Condo Guide magazine, and has been featured in The Toronto Star, The Globe and Mail, and the Wall Street Journal.
Contact Andrew directly: andrew@truecondos.com | (416) 371-2333